Paradox’s CEO Steps Down Due To Differing Views On The Company’s Future

A New CEO Has Already Been Appointed

The Swedish-based games publisher Paradox Interactive have had a busy few years – from the announcement of their upcoming grand strategy title Victoria 3 to the launch of their critically-acclaimed sequel Crusader Kings 3, they’ve been keeping us on our toes with a steady stream of releases. Now, however, Paradox interactive will be coming under new management, as current CEO Ebba Ljungerud has announced that she will be stepping down from her position.

The announcement came through Paradox Interactive’s own news blog, and outlined the reasoning behind Ljungerud’s decision to leave: “Due to differing views on the company’s strategy going forward, Paradox Interactive AB’s (publ) CEO Ebba Ljungerud has decided to leave the CEO position with immediate effect.”. While Ljungerud will be staying on at paradox Interactive for a brief period in order to facilitate a handover to her successor, it seems that she has no interest in continuing work within the company.

Paradox Interactive’s Chair of the Board Håkan Sjunnesson commented on Ljungerud’s leaving in the announcement: “Ebba has done a fantastic job as CEO of Paradox Interactive. During her leadership the organisation, player base and our game projects have been strengthened and grown which give the company a strong base for future growth. We regret that she has decided to resign but wish her all the best in future endeavours.

Crusader Kings 2

Also coming into effect immediately is the appointment of a new CEO: The Paradox Interactive Board of Directors has approved the appointment of Fredrik Wester, best known for his work as the co-founder of Paradox. he’s been at the company for 16 years now, for 9 of which he actually already acted as CEO. With such an experienced candidate taking the reins, it seems that Paradox Interactive will be in good hands for the foreseeable future.

Whether or not the change in management will affect any planned releases has yet to be seen.

SOURCE